twenty14 holdings

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twenty14 holdings

Twenty14 Holdings Enters Agreement With Necron AG for IntercityHotel Zurich Airport in Rümlang, Switzerland

Twenty14 Holdings | January 28, 2019

ZURICH—Jan. 28, 2019—Twenty14 Holdings (T14H), the hospitality investment arm of Abu Dhabi-based LuLu Group International, has entered into a forward purchase contract with Swiss real estate developer Necron AG for the upcoming IntercityHotel Zurich Airport in Rümlang, Switzerland. "We are excited to mark our entry into mainland Europe with our first property in Zurich. It is an important milestone in our group's portfolio as we work towards becoming a billion-dollar investment firm by 2020." The addition of the IntercityHotel marks Twenty14 Holdings' entry into mainland Europe and joins a portfolio of $750m worth of lu...

Lulu Group’s Twenty14 Holdings Acquires 241-Room Waldorf Astoria Edinburgh – The Caledonian in £85M Deal ($117.2M US)

Twenty14 Holdings | January 16, 2018

Twenty14 Holdings, the hospitality investment arm of Lulu Group International, has completed a £85m acquisition of the Waldorf Astoria Edinburgh - The Caledonian. The Caledonian joins a portfolio of $650m worth of luxury property across the UK, the Middle East and India that Twenty14 has assembled since 2014. Twenty14 Holdings intends to invest a further £20m in a programme that will see the iconic building on Edinburgh's Princes Street enhanced and expanded by 50 guest rooms, over a period of two years beginning from 2019. Twenty14 Holdings is the hospitality investment arm of Lulu Group International. The company has a str...

Al Hashar Hotels and Twenty14 Holdings Reopens the 230-room Sheraton Oman Following Extensive Renovations

Marriott International, Inc. | October 21, 2016

Muscat, Oman – 10/18/2016 – Sheraton Hotels & Resorts announced today the reopening of Sheraton Oman following a transformative renovation of its guestrooms, public spaces and food and beverage offerings. Owned by Al Hashar Hotels LLC, under the umbrella of Al Hashar Group, and in association with Twenty14 Holdings, the 230-room hotel has been a landmark in Muscat for over three decades ensuring guests can experience more in the heart of the city. Speaking on the occasion, Sheikh Al Muhannad Al Hashar said, "Sheraton Oman, the tallest building in the country, has played a key role in shaping the hospitality sector in Oma...

Steigenberger Hotel Group Opens Flagship Steigenberger Hotel Business Bay in Dubai, UAE

Steigenberger | November 19, 2015

November 19, 2015 - Leading German hospitality company, Steigenberger Hotel Group has opened its first property in the United Arab Emirates (UAE) – the five-star, waterfront Steigenberger Hotel Business Bay in Dubai.The flagship Steigenberger Dubai is right at the heart of the city close to the iconic Burj Khalifa – the world's tallest tower and the Dubai Mall in the cosmopolitan Downtown neighbourhood. The hotel's 367 rooms include 28 suites designed for business and city leisure travellers while its four restaurants, which offer a variety of cuisine, all have fabulous views over Business Bay. There is also a banqueting and...

Steigenberger Hotels Signs Management Agreement to Operate Hotel at Business Bay in Dubai

Steigenberger Hotel Group | July 21, 2015

Hot on the heels of its announcement to open the InterCityHotel Culture Village in Dubai at the end of 2017, Steigenberger Hotels announces the launch of its inaugural five-star property in this important market, the Steigenberger-managed Hotel at Business Bay in Dubai, which will open doors to guests in October 2015. This landmark opening, along with pipeline hotels in Dubai and Qatar - the InterCityHotel Culture Village in Dubai and the Steigenberger Hotel Doha Airport Road - sees Steigenberger's world-renowned German hospitality set to expand into the United Arab Emirates before the end of the year. The new hotel will offer five-star...

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